Bitcoin Evaluation from Successful Businessman Elon Musk
Elon Musk, the founder of electric vehicle manufacturer Tesla, made evaluations about the crypto market. Crypto investors are keeping a close eye on Elon Musk's market assessments. Musk, who has been on the agenda frequently with his past posts, is on the agenda again with his tweet a year ago. Crypto Twitter is speculating that the Tesla CEO knows the future of the Bitcoin prices.
While Elon Musk attracts attention with his interest in Dogecoin, he also frequently shares about Bitcoin, the cryptocurrency giant. Bitcoin (BTC), the leading name in the crypto market, is under close scrutiny by Musk. Exactly 11 months ago, Musk made a share of only numbers from his social media account.
''48 61 68 61 20 74 72 75 65''
At the time he shared this post, Bitcoin was recording transactions at the level of 32 thousand dollars. Bitcoin jumped to the level of $68 thousand in November. Crypto experts saw the first 3 targets given by Musk, 48, 61 and 68, as BTC price predictions. This turned out to be true, and immediately after the sharing, BTC reached the first numbers. If these predictions are correct, the next expected value is at the level of 74 thousand dollars. BTC has already seen the numbers 61 thousand and 20 thousand. Accordingly, the downtrend of BTC ended after $20 thousand, and the leading cryptocurrency will not fall below this level.
According to some crypto analysts, BTC would never fall below $20,000 under any circumstances, but this happened. This caused investors who were looking for hope in the bear market to think that Musk was implying Bitcoin in his share. If the successful businessman's predictions are correct, the next price target for the leading cryptocurrency will be at $74k.
While speculation about the tweet of the Tesla CEO continues on Crypto Twitter, Musk recorded a statement about this sharing. EIon Musk said that his share on July 14, 2021 was for a friend. Accordingly, the famous entrepreneur was talking to a friend in his tweet.
The veracity of these conversations continues to be a mystery.